YEREVAN. – The US dollar’s average exchange rate, against the Armenian dram (AMD), comprised AMD 410/$1, at NASDAQ OMX Armenia stock exchange on Tuesday, and this is a 0.08-percent—or a 0.34-point—drop from Monday’s trading session. 

Tuesday’s sales totaled $1.7 million at the stock exchange, and all eleven transactions were conducted with the same exchange rate. 

There is no substantial change in the exchange rates of Armenia’s cash foreign currency market. Solely few banks have reduced the US currency’s selling exchange rate by half a dram and set it at AMD 410.5/$1, but the buying rate virtually remained unchanged. The country’s exchange offices still buy the dollar at AMD 408-409/$1.